Bitcoin consolidated for yet another week, as price entered Saturday around the same point at which it stood on Monday. Despite a brief rally on Thursday, which saw the price move above $28,000, the cryptocurrency has largely been unchanged.
Bitcoin
Bitcoin started the weekend trading close to the $26,000 level, as bulls attempted to break into this price zone.
Friday saw bitcoin peak at $26,414.01, however as the day progressed, price slipped, after bulls were unable to move past a key resistance point.
BTC/USD was trading at a low of $25,730.12 earlier in today’s session, however it has marginally risen, and now sits at $25,862.51.
The slight increase comes as the relative strength index (RSI) moved closer to a key resistance level of 45.00.
At the time of writing, the index is tracking at a reading of 39.66, after making a move towards a floor of 35.00 on Friday.
The 10-day (red) and 25-day (blue) moving averages look set for a cross in the near future, which could trigger a rise
We współpracy z: https://news.bitcoin.com/bitcoin-ethereum-technical-analysis-price-movement-in-btc-eth-stalls-to-start-the-weekend/
